ShenZhen YUTO (China) Market Value
| 002831 Stock | 26.91 0.04 0.15% |
| Symbol | ShenZhen |
ShenZhen YUTO 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to ShenZhen YUTO's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of ShenZhen YUTO.
| 12/21/2024 |
| 01/20/2025 |
If you would invest 0.00 in ShenZhen YUTO on December 21, 2024 and sell it all today you would earn a total of 0.00 from holding ShenZhen YUTO Packaging or generate 0.0% return on investment in ShenZhen YUTO over 30 days. ShenZhen YUTO is related to or competes with Sichuan Hebang, Shenzhen Bioeasy, Shanghai Sanyou, Anhui Huaheng, Zhonghong Pulin, Shandong Sanyuan, and Allgens Medical. More
ShenZhen YUTO Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure ShenZhen YUTO's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess ShenZhen YUTO Packaging upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.31 | |||
| Information Ratio | 0.0896 | |||
| Maximum Drawdown | 8.71 | |||
| Value At Risk | (2.41) | |||
| Potential Upside | 2.41 |
ShenZhen YUTO Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ShenZhen YUTO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ShenZhen YUTO's standard deviation. In reality, there are many statistical measures that can use ShenZhen YUTO historical prices to predict the future ShenZhen YUTO's volatility.| Risk Adjusted Performance | 0.0956 | |||
| Jensen Alpha | 0.1536 | |||
| Total Risk Alpha | 0.121 | |||
| Sortino Ratio | 0.1047 | |||
| Treynor Ratio | 0.859 |
ShenZhen YUTO Packaging Backtested Returns
At this point, ShenZhen YUTO is very steady. ShenZhen YUTO Packaging owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for ShenZhen YUTO Packaging, which you can use to evaluate the volatility of the company. Please validate ShenZhen YUTO's Risk Adjusted Performance of 0.0956, coefficient of variation of 917.91, and Semi Deviation of 1.15 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%. ShenZhen YUTO has a performance score of 8 on a scale of 0 to 100. The entity has a beta of 0.18, which indicates not very significant fluctuations relative to the market. As returns on the market increase, ShenZhen YUTO's returns are expected to increase less than the market. However, during the bear market, the loss of holding ShenZhen YUTO is expected to be smaller as well. ShenZhen YUTO Packaging right now has a risk of 1.53%. Please validate ShenZhen YUTO mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if ShenZhen YUTO will be following its existing price patterns.
Auto-correlation | -0.26 |
Weak reverse predictability
ShenZhen YUTO Packaging has weak reverse predictability. Overlapping area represents the amount of predictability between ShenZhen YUTO time series from 21st of December 2024 to 5th of January 2025 and 5th of January 2025 to 20th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ShenZhen YUTO Packaging price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current ShenZhen YUTO price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
ShenZhen YUTO Packaging lagged returns against current returns
Autocorrelation, which is ShenZhen YUTO stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting ShenZhen YUTO's stock expected returns. We can calculate the autocorrelation of ShenZhen YUTO returns to help us make a trade decision. For example, suppose you find that ShenZhen YUTO has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
ShenZhen YUTO regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If ShenZhen YUTO stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ShenZhen YUTO stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ShenZhen YUTO stock over time.
Current vs Lagged Prices |
| Timeline |
ShenZhen YUTO Lagged Returns
When evaluating ShenZhen YUTO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ShenZhen YUTO stock have on its future price. ShenZhen YUTO autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, ShenZhen YUTO autocorrelation shows the relationship between ShenZhen YUTO stock current value and its past values and can show if there is a momentum factor associated with investing in ShenZhen YUTO Packaging.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in ShenZhen Stock
ShenZhen YUTO financial ratios help investors to determine whether ShenZhen Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ShenZhen with respect to the benefits of owning ShenZhen YUTO security.